Direct Loan Canada Blog

After a nearly three-week strike, hundreds of Frito-Lay employees in Topeka, Kansas have ratified a revised contract Saturday addressing what union leaders had previously described as a diminished quality of life stemming from work conditions, including long hours, forced overtime, and stagnating wages.
Source: ctv business
Frito-Lay Kansas worker strike ends after 20 days

With all British schools now closed for the summer, airports and airlines were looking a tad more normal on Saturday, although the number of families heading off for warmer climes remains way down from before the coronavirus pandemic.
Source: ctv business
U.K.’s summer getaway takes off but nothing like pre-COVID-19

Workers at the Frito-Lay plant in Topeka, Kansas, say it used to be one of the best jobs in town — a place of shared meals, group outings and community.
Source: ctv business
Why hundreds of U.S. Frito-Lay workers have been striking

MEG Energy Corp. boosted its full-year production guidance after reporting $68 million in net profits in the second quarter on a near doubling of revenues.
Source: ctv business
MEG Energy boosts 2021 production guidance on strong six months and Q2 profits

Statistics Canada says retail sales fell by 2.1 per cent to $53.8 billion in May, as many businesses remained close during the third wave of COVID-19, but the agency expects to see a return to growth once June numbers are available.
Source: ctv business
Retail sells fell by 2.1% in May, but will likely to climb further in June: StatCan

Retail sales in Canada stumbled for the second month in a row after two straight months of gains, a sign of the rocky road ahead as Canada staggers out of the pandemic’s economic recession.
Source: ctv business
Retail sales fell by 2.1% in May, but will likely to climb further in June: StatCan

Air Canada is anticipating a recovery in demand in the coming months as travel restrictions are eased and leisure passengers look to get away after being grounded by COVID-19.
Source: ctv business
Air Canada anticipating recovery in demand as travel restrictions are eased

The British government has sought to ease food supply pressures in England by exempting more than 10,000 workers from quarantine rules that led to staff shortages and empty shelves and fears of panic-buying.
Source: ctv business
England quarantine rules being relaxed to avoid shortages

Industrials and technology sectors boosted Canada’s main stock index in late-morning trading, while U.S. markets also moved higher in the final day of trading for the week.
Source: ctv business
Industrials and technology boost TSX in late-morning trading; U.S. markets also up

Stock markets in Canada and the U.S. closed higher Friday after a day of small gains for multiple sectors, including industrials and technology.
Source: ctv business
North American markets gain on positive earnings from industrials, technology sectors